Monday, 25 January 2010

The Chinese Outspend The Russians In French Boutiques In 2009 – 25/1/10

1. Chinese
2. Russian (the big spenders in 2008)
3. Japanese
4. USA

This is the new state of play for spending in France, according to a Global Refund study we read about in Reuters.

The survey revealed the Chinese were the big spenders at 155 million euros (AU $243 million); the Russians only spent 112 million euros (AU $176 million), and the Japanese were lagging behind at 99 million euros (AU $155 million). And US tourist spent a mere 64 million euros (AU $100 million).

Click here for more facts and figures from this interesting study.

Who's behind the MO DOWN

Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury,